As a service member, you have access to the U.S. military’s Thrift Savings Plan, an employer-based, tax-advantaged retirement savings tool. Hopefully you’ve been contributing to your TSP, and if ...

For government employees who are at or near retirement, the decision to keep assets in the Thrift Savings Plan versus rolling them into an IRA is not necessarily an easy one to make. The most common ...

With so many federal employees facing an unexpected end to their federal careers, it might be a good time to go over some of the tax rules. Paying taxes is necessary, however, paying a tax penalty ...

Learn about federal agency automatic contributions to Thrift Savings Plans, offering 1% of pay, and how they impact your ...

The Thrift Savings Plan (TSP) is a valuable retirement savings tool for military members, offering tax-advantaged growth and low-cost investment options. When money gets tight, the option to borrow ...

The new year is a busy time, but it’s also a good time to set aside a little to review your financial situation and make plans for 2026. As part of those plans, early January is a great time to ...

A thrift savings plan (TSP) is a retirement savings program specifically designed for federal employees and members of the military. TSPs are considered qualified retirement plans, and this status ...

The Thrift Savings Plan (TSP), a retirement plan for federal employees and uniformed service members, is the nation's largest defined contribution plan, with seven million participants and over $845 ...

Once when I asked a young friend who had just started her first job after college graduation why she decided not to contribute to her company’s 401(k) plan, she told me that she didn’t think she was ...

The US federal government’s Thrift Savings Plan ended April 2024 with $872 billion in assets serving more than 7 million participants—or one in every 25 workers in the United States. Our series of ...

A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify, ...